CSBA hails setting up ministry for capital markets | Sunday Observer

CSBA hails setting up ministry for capital markets

The Colombo Stock Brokers Association (CSBA) extends its wholehearted support and best wishes to the new government, Prime Minister Mahinda Rajapaksa, and newly-appointed State Minister  Ajith Nivard Cabraal for Finance, Capital Markets, and State Enterprise Reforms, a media release from the CSBA stated.

“The Colombo Stock Brokers Association also extends its gratitude to President Gotabaya Rajapaksa and  Prime Minister Mahinda Rajapaksa for seeing and acting upon the need for a separate ministry for capital markets for the first time in the history of Sri Lanka.

“Considering the past few years that the Sri Lankan economy and stock broking industry has faced many challenges, the CSBA eagerly looks forward to playing a significant part in developing the national economy, and hopes to play a key role in the growth story of Sri Lanka.

The CSBA is keen on working closely with the new government to expand and popularise equity investments and related products among the general public of the country and promote much sought after foreign portfolio investors. “President of CSBA Kosala Gamage said, “Over the past few years, Sri Lanka has had to face many challenges.

However, with the appointment of the new cabinet of ministers, we at CSBA see a bright and prosperous future ahead. We are keen on working closely with the State Minister and aiding his agenda for the industry.

We look forward to playing an instrumental role in making Sri Lanka a thriving nation again,” the statement added.

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